Kiri Industries Q2 FY25: Revenue up 17% YoY to Rs 537.30 crore

Kiri Industries Q2 FY25 Results Highlights:

  • Consolidated Revenue from Operations:
    • Year-over-Year (YoY): Revenue increased by 17% to ₹537.39 crore in Q2 FY25, compared to ₹457.85 crore in Q2 FY24.
    • Quarter-over-Quarter (QoQ): Revenue saw an increase of approximately 3% from ₹522.23 crore in the previous quarter.
  • Net Profit / Loss:
    • Year-over-Year (YoY): The company recorded a substantial improvement, with a net profit of ₹158.48 crore in Q2 FY25 compared to a net profit of ₹16.25 crore in Q2 FY24, marking an 875% increase.
    • Quarter-over-Quarter (QoQ): Net profit also showed growth from the previous quarter, reflecting strong operational performance despite global challenges.

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Additional Insights: Kiri’s results indicate resilience amidst economic uncertainties, benefiting from improved margins and operational efficiency. The company’s EBIDTA margin saw an increase to 7.4%, up from -1.0% in the previous year.